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Tokyo: Shares drop on stronger yen, China economy worries

Tue, Mar 08, 2016 - 2:20 PM

[TOKYO] Tokyo shares fell Tuesday as a stronger yen hit exporters, while a slump in China's exports reignited worries about a slowdown in the world's second-largest economy.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange slipped 0.76 per cent, or 128.17 points, to close at 16,783.15 yen, while the broader Topix index of all first-section shares fell 1.04 per cent, or 14.18 points, to 1,347.72.